Constellation Energy Corporation is a producer of carbon-free energy and a supplier of energy products and services. Co.'s segments include Mid-Atlantic, Midwest, New York, ERCOT and Other Power Regions. Its generation fleet of nuclear, hydro, wind, and solar generation facilities has the generating capacity to power the equivalent of 16 million homes, producing about 10% of the carbon-free energy in the U.S.. Through its integrated business operations, it sells electricity, natural gas, and other energy-related products and sustainable solutions to various types of customers.
When researching a stock like Constellation Energy, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from CEG Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for CEG stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the CEG 200 day moving average ("CEG 200 DMA"), while one of the most popular "shorter look-backs" is the CEG 50 day moving average ("CEG 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Constellation Energy. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the CEG 200 DMA and the CEG 50 DMA, we get a moving average convergence divergence indicator ("CEG MACD"). The CEG MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
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Video: Technical Analysis